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Apple to increase spend with Broadcom to produce billions more U.S. chips

4 hours ago
  • #Broadcom
  • #Manufacturing
  • #Apple
  • Apple announced a new multiyear agreement with Broadcom to produce custom silicon and wireless connectivity technologies, exceeding $30 billion.
  • The agreement will result in over 15 billion U.S.-made chips and support hundreds of American jobs, expanding Broadcom's Fort Collins facility with a $1.5 billion investment.
  • This partnership is part of Apple's American Manufacturing Program and aligns with its plan to invest $600 billion in the U.S. economy over four years.